Southeast Asia market will become a competitive place for Chinese and Japanese car companies
Setec Powerr
NOVEMBER 30, 2022
In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year. With regular government subsidy practices, solid tax adjustments, and transparent plans, this series of actions gives Chinese car companies a familiar smell. That is an unexplored continent that needs to be tapped.
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